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Exchange traded funds (ETFs) are one of the most popular investment tools, and hedge funds are picking up on them – especially the leveraged type.

That’s making some of the hedge funds more risky because these ETFs are not the type you bring home to your mother, as the volatility and risk within these funds can be more than many investors can handle.

These types of ETFs provide smaller and mid-size funds an effective way to get some leverage.

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